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CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Wall Street leads CME cattle, hogs limit down

'You are developing a demand problem'

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle and feeder cattle futures plunged their daily limit on Thursday, dragged down by another steep sell-off on Wall Street, fears of a global recession and continued uncertainty about consumer demand for meat, traders said. Chicago Mercantile Exchange April live cattle contract settled down its three-cent limit at 100.075 […] Read more
Taste-testing during a Canadian Beef Advantage Seminar in Shanghai in 2013. (Canada Beef via YouTube)
Beef Cattle, Livestock, Reuters

China proposes new standards on hormone residues in beef

New standards would apply to all beef exporters

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Reading Time: 2 minutes Beijing | Reuters — China has drawn up food safety standards on residue limits of growth hormones in beef, a move seen as a further step toward opening up its market to imports of the meat from the U.S. China has previously had zero tolerance for any residues of growth hormones, which has restricted the […] Read more
Agrifoods Cooperative chair Tim Hofstra on March 11, 2020 announced a licensing deal with New Zealand’s a2 Milk Co. (CNW Group/Agrifoods Cooperative)
Dairy Cattle, Livestock

Agrifoods gets license for A1 protein-free milk brand

Dairy co-op to bring New Zealand's a2 Milk brand to Canada

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Reading Time: 3 minutes A major Canadian dairy co-operative specializing in organic and grass-fed products is entering the market for A1 protein-free milk with a license for a major international brand. Agrifoods Cooperative announced Wednesday it has an exclusive licensing agreement with New Zealand-based a2 Milk Co. to process and sell dairy products under the a2 Milk brand in […] Read more
CME June 2020 live cattle, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures sag as virus woes fuel recession fears

Bearish market sentiment also drags on hogs

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures fell on Wednesday, with several deferred months setting contract lows as fears of a global recession sent global equity markets tumbling and fueled uncertainty about consumer demand for beef, traders said. “The cattle market really follows what is going on with equities, and equities are down near […] Read more
CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs follow rebound on Wall Street

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday, following as Wall Street charged back from the prior day’s steep losses as the world’s biggest economies moved to cushion the impact of the coronavirus, traders said. The rally in global equity markets overshadowed bearish fundamentals in the cattle market, including declining cash […] Read more
(Photo courtesy A&W Canada)
Beef Cattle, Livestock

A+W starts move to all-grass-fed, all-Canadian beef

Suppliers lined up to begin transition this spring

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Reading Time: 3 minutes Canadian burger chain A+W’s next move to distinguish its menu in a crowded quick-service market will be a connection to the regenerative ag movement, as it sets itself up with an all-Canadian and all-grass-fed beef supply. The Vancouver-based chain, which includes almost 1,000 restaurants across Canada, announced Monday it’s “making a commitment to exclusively source […] Read more
CME April 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures dive, led by energy, equity markets

CME feeder cattle close limit down

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures fell on Monday for a third straight session and hit life-of-contract lows following a plunge in crude oil and equity markets amid fears of a global recession, traders said. “When you have the stock market losing five to seven per cent of its value in a day, […] Read more
CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle set contract lows

Fears persist that coronavirus will hurt beef demand

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures sank to contract lows on Friday, extending a decline fueled by fears that the global coronavirus outbreak will slow economic growth and reduce demand for beef. Losses in the market have accelerated as the virus has spread, with the most-active April live cattle futures contract down 17 per […] Read more
(JBSS.infoinvest.com.br)
Livestock, Reuters

JBS plans U.S. listing as Brazil state bank sells stake

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Reading Time: 2 minutes Sao Paulo | Reuters — Brazilian meatpacker JBS SA and state development bank BNDES are planning a simultaneous listing of JBS international operations in the United States and the sale of the bank’s stake in the company, five sources with knowledge of the matter said. Sources close to the company say JBS is working on […] Read more

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